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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services -- Ignore unavailable to you. Want to Upgrade?

To: Leroyt who wrote (5971)	3/12/1998 5:38:00 PM
From: Freddie Forte	Read Replies (1) \| Respond to of 27968

Leroy, Also the merger will allow Famh to acquire 100 % ownership so, apparently they will retain the Famh name. So for us to break even the Nasdaq company has to be 2.00 or more for the 4 for 1 swap.

To: Leroyt who wrote (5971)	3/12/1998 5:39:00 PM
From: Steven Angelil	Respond to of 27968

Man, you're fast Leroy, I couldn't pull that post fast enough! EOM

To: Leroyt who wrote (5971)	3/12/1998 5:44:00 PM
From: Freddie Forte	Read Replies (3) \| Respond to of 27968

However...What if Famh hits 2.00 on its own before the merger ? Whoever buys at 2.00 will need an 8.00 company to break even. We need more details,but, if Famh hits 2 bucks, Jake and I got some running sneaks.

To: Leroyt who wrote (5971)	3/12/1998 5:58:00 PM
From: Brad	Read Replies (3) \| Respond to of 27968

Leroy, It looks to me that if FAMH will control nearly 100% of the company, it really doesn't matter much what the price of the NASDAQ company is right now. FAMH would roll into what is probably almost a NASDAQ shell with a price that will vary, but would likely be 4 times the price of FAMH shares AT THE TIME IT ROLLS INTO THE NASDAQ Company. If FAMH is at $1.00, it would be $4.00 BUT CHECK THIS OUT... If FAMH is then on NASDAQ with "post-merger adjusted 1997 EPS of $.36" and starts to get a reasonable multiple, we're looking at... .36 x 25 = $9.00 or .36 x 35 = $12.60 I like this a LOT!!!!!! LOVE IT! LOVE IT! LOVE IT! Best wishes, Brad